HSBC mobile payment app launches through VocaLink partnership

HSBC mobile payment

Millions of the bank’s customers can soon use the Pay by Bank application to complete transactions. A new HSBC mobile payment services app will give access to first direct customers who want to use their smartphones to complete shopping transactions. It lets them use the banking app as a direct payment method for purchasing certain products and services in an online store. The HSBC payment app is the result of the financial institution’s partnership with VocaLink. VocaLink is a global company with partnerships including banks, governments and corporations. It launched…

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Mobile payments trends are seeing growth held back by biometrics

Mobile payments trends wallet

The technology to scan various body parts such as eyes and fingerprints may be too challenging to keep up. While it had looked as though mobile payments trends might have the potential to take off with rapid growth as more consumers look to their smartphones to replace their use of credit and debit cards, adoption has essentially flat-lined. This, despite the fact that industry giants such as Samsung and Apple have leapt into the market. Even with the best efforts of some of the largest tech giants in the world,…

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PayPal mobile payments roll out at Shell UK gas stations

Paypal mobile payments

Drivers will now be able to use their smartphones to pay when they fuel up at the pump. Drivers stopping at Shell UK service stations to fuel up will now be able to use mobile payments at the pump using their PayPal account in combination with the Shell Motorist app. Earlier this year, Shell said it would implement the service at the “vast majority” of its locations. In that statement, it said that the mobile payments service would roll out across most of its 1,000 stations throughout the United Kingdom.…

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QR codes based mobile payments app sends South African users above 2 million

payment fraudulent qr code

A range of applications based on quick response codes have made this tech very popular in that country. South Africa has experienced the introduction of a large and growing number of mobile payments apps that use QR codes in order to be able to help to complete transactions at retail stores by way of smartphones, and this has caused the barcodes, themselves, to experience a tremendous growth in that country. By the end of 2014, it is now believed that there were 2.1 million people using quick response codes in…

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Mobile wallets don’t feel as secure as Bitcoin to Americans

mobile wallets

A recent online survey revealed that consumers in the United States feel that cryptocurrency is safer. According to a recent survey of 1,400 online American customers, people are more comfortable with digital currencies such as Bitcoin than they are with mobile wallets and other types of payment app. The results of the poll were reported in the 2015 Future of Retail study by Walker Sands. The respondents to the survey were asked to rate the method of payments that they feel are the most secure. The majority of people who…

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